MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0006908
Associated Search Professionals Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.65 Cr
▲ 25% YoY
Net profit · FY 2025
₹59.38 Lakh
Net margin 8.9%
EBITDA · FY 2025
₹94.33 Lakh
EBITDA margin 14.2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Satisfied charges
₹43 Lakh
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
17
Provident fund records
About Associated Search Professionals Private Limited
Data last updated:
Associated Search Professionals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2010PTC053637. Its GSTIN is 29AAICA4586E1ZF (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Sarala Satish Karkhanis and Balasubramanian Vairakkannu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.623 Ground Floor Hmt Main Road Opposite Mathikere Bus Stop Mathikere, Bangalore, Karnataka, India – 560054.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.65 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹59.38 Lakh (net margin 8.9%) and EBITDA of ₹94.33 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹43 Lakh on record.
Associated Search Professionals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0006908). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asppl.in.
Company details
CIN U74140KA2010PTC053637
Registration Number 053637
Incorporation Date 14 May 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0006908
Key People
Sarala Satish Karkhanis Director Balasubramanian Vairakkannu Director Sachin Satish Karkhanis Director Recognitions & Rankings of Associated Search Professionals
Contact details
Associated Search Professionals Private Limited's registered office is in Bangalore, Karnataka. Its website is asppl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.623 Ground Floor Hmt Main Road Opposite Mathikere Bus Stop Mathikere, Bangalore, Karnataka, India – 560054
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Associated Search Professionals Private Limited, buy the company report.
Comprehensive company report
Associated Search Professionals Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activity of Associated Search Professionals is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Associated Search Professionals Private Limited, buy the company report.
Financials of Associated Search Professionals Private Limited
FY 2025 filings availableAssociated Search Professionals Private Limited reported revenue of ₹6.65 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹6.65 Cr ▲ 25%
Net profit · FY 2025
₹59.38 Lakh margin 8.9%
EBITDA · FY 2025
₹94.33 Lakh margin 14.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 12%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 23%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 25% growth in the latest year. EBITDA rose 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹94.33 Lakh | ||||
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| Net Profit (PAT) | ₹59.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Associated Search Professionals Private Limited, buy the company report.
Board of directors of Associated Search Professionals Private Limited
Associated Search Professionals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarala Satish Karkhanis Also directs: Associated Staffing Private Limited | Director | 25 Aug 2018 | 8 Years 2 Months | Current |
| Balasubramanian Vairakkannu | Director | 14 May 2010 | 16 Years 5 Months | Current |
| Sachin Satish Karkhanis | Director | 14 May 2010 | 16 Years 5 Months | Current |
Auditor
Associated Search Professionals Private Limited is audited by VANDANA RAO AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VANDANA RAO AND COMPANY | FY 2023 | 218797 |
Shareholding
The shareholding of Associated Search Professionals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Associated Search Professionals Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹43 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2010 | 10286422 | Canara Bank Kp West Branch | ₹43 Lakh | Satisfied |
To see the full charge records of Associated Search Professionals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Associated Search Professionals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Associated Search Professionals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associated Search Professionals Private Limited has a workforce of 17 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-5.56%
GST
Associated Search Professionals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA4586E1ZF | Karnataka | Active | 01 Jul 2017 |
| 33AAICA4586E1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Search Professionals Private Limited, buy the company report.
Recent activity
Associated Search Professionals Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Satish Karkhanis ceased to be Director on 01 Jun 2019.
AGM
Associated Search Professionals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Associated Search Professionals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Satish Karkhanis ceased to be Director.
Appointed
Sarala Satish Karkhanis was appointed as Director.
Charges
A charge registered on 08 Sep 2010 via Charge ID 10286422 with Canara Bank Kp West Branch was fully satisfied on 27 Feb 2012.
Charges
A charge with Canara Bank Kp West Branch amounted to Rs. 43.00 Lakh with Charge ID 10286422 was registered on 08 Sep 2010.
Appointed
Balasubramanian Vairakkannu was appointed as Director.
Appointed
Sachin Satish Karkhanis was appointed as Director.
Incorporation
14 May 2010
Associated Search Professionals Private Limited was registered on 14 May 2010 with Roc Bangalore & aged 16 years 5 months as per MCA records.
Frequently asked questions
Associated Search Professionals is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 May 2010 (16+ years old) and is registered under CIN U74140KA2010PTC053637.
Associated Search Professionals has 3 current directors:
- Sarala Satish Karkhanis - Director
- Balasubramanian Vairakkannu - Director
- Sachin Satish Karkhanis - Director
The latest financial statements of Associated Search Professionals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Associated Search Professionals is 29AAICA4586E1ZF, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAICA4586E1ZQ (Tamil Nadu).
The CIN (Corporate Identification Number) of Associated Search Professionals is U74140KA2010PTC053637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Search Professionals was incorporated on 14 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Satish Karkhanis ceased to be Director on 01 Jun 2019. Sarala Satish Karkhanis was appointed as Director on 25 Aug 2018. Balasubramanian Vairakkannu was appointed as Director on 14 May 2010. Associated Search Professionals has 4 board changes on record in total.
Yes, Associated Search Professionals is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0006908).
Associated Search Professionals can be reached through the website asppl.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Associated Search Professionals is at No.623 Ground Floor Hmt Main Road Opposite Mathikere Bus Stop Mathikere, Bangalore, Karnataka, India – 560054.